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Harassment Claims Hit Ted Baker Boss’s Fortune as Shares Plunge

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Harassment claims against Ted Baker Plc Chief Executive Officer Ray Kelvin have cost the British fashion mogul more than 70 million pounds ($90 million) in just two days, as shares of the clothier have plunged by as much as a quarter. The London-based company’s stock fell as much as 14 percent Tuesday after trade journal…

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